Power Grid Corporation of India Limited (PGCIL), India’s federal transmission system operator, has received approval from its board of directors for an investment of INR16.03 billion in three transmission projects.
The first project is the System Strengthening-X in the Southern Regional Grid at an investment of INR2.77 billion. The project will be commissioned 28 months from the date of investment approval. PGCIL has also received approval for system-strengthening in the northern region for the Sasan and Mundra ultra-mega power projects. The estimated cost for the project is INR12.17 billion, with a commissioning schedule of 32 months. The third approved project is the Northern Region System Strengthening Scheme-XXIII at an estimated cost of INR1.09 billion. This project will be commissioned within 24 months.
